Oracle Oracle Enterprise Planning and Budgeting Cloud Service 1Z0-1080-22 Questions & Answers

• Question 11:

  Which time period allows you to collect the most recent number of time periods and measure business performance over a specific time duration? (Choose the best answer.)

  A. Deal Period

  B. Sub Period

  C. Trailing period

  D. Base Period

  E. Periods-to-Date

  Correct Answer: C

  Trailing periods are time periods that collect the most recent number of time periods. You can set up trailing periods to occur in either a historical or a forecast period. With trailing time periods, you can measure business performance over a specific time duration.

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbug/GUID-AECB4021-59B2-4C88-AFEE-92FB04D92C21.pdf

• Question 12:

  What three actions can you perform on the data displayed in the Data Integration Workbench? (Choose three.)

  A. Re-register or modify the data source system

  B. Open loaded data in Microsoft Excel

  C. Apply a filter using Equal and a specific value

  D. Apply a filter using Contains and a specific value

  E. Drill-through to source from specified data cells

  Correct Answer: CDE

  Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/diepm/integrations_workbench_filtering_100x14acdd0a.html

• Question 13:

  What does a navigation flow allow you to do? Choose the best answer.

  A. Promote a plan to your supervisor

  B. Display report variances by geography

  C. Run multiple business rules in a predetermined sequence

  D. Customize the clusters and cards that a user can access

  Correct Answer: D

  The Navigation Flow Designer enables you to customize the business process interface. For example, you can change the names of the cards and clusters that display. Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusa/understanding_navigation_flows_100xdb2e13be.html

• Question 14:

  In order to set up weekly planning for a continuous 18 months, which three options would need to be selected when initially configuring Financials? (Choose three.)

  A. Rolling Forecast

  B. Custom Periods

  C. Weeks to months mapping

  D. Plan Element dimension

  E. Weekly Planning

  Correct Answer: ABD

• Question 15:

  After loading Workforce data from external systems, which two statements describe actions you can take to process Workforce data? (Choose two.)

  A. If an existing employee was omitted from the load file, you can add that existing employee in Workforce. Then assign properties and compensation options for that employee.

  B. To calculate updated compensation data after changing benefit options and rates from the loaded file, first change the benefit options and rates in Workforce and then run the Calculate Compensation business rule.

  C. If an existing employee was not loaded from the load file, you won't be able to add their compensation information before first adding them to the source system and reloading the file.

  D. Because you cannot override loaded default assignments in Workforce, change the defaults in the load file and reload it.

  E. To override loaded default assignments, change them in Workforce. After saving your changes, updated compensation data is calculated.

  Correct Answer: BD

• Question 16:

  Which three do you need to enable in order to perform indirect cash flow statement planning? (Choose three.)

  A. Expense

  B. Cash Flow Statement

  C. Income Statement

  D. Balance Sheet

  E. Revenue

  Correct Answer: BCD

  Select Cash Flow Statement and a cash flow method (Direct or Indirect) to enable cash flow planning.

  1.

  The Direct method calculates cash flow using sources and uses of cash. You can use this method if you enabled Revenue and/or Expense planning.

  2.

  The Indirect method derives cash flow from Operating, Investing, and Financing activities. To use this method, you must also enable Income Statement and Balance Sheet. Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/fin_enabling_cash_flow_100x49cf9a89.html

• Question 17:

  Which three statements are TRUE for Sandboxes? (Choose three.)

  A. After you enable sandboxes for a cube, you can later disable that option.

  B. You can enable sandboxes for all Planning cubes and Reporting cubes.

  C. If you enable sandboxes for a cube, Version members have the Enable Sandboxes option.

  D. You can enable sandboxes only in Planning cubes and for custom cubes created in module-based Planning, not for Reporting cubes.

  E. After you enable sandboxes for a cube, you can't later disable that option.

  Correct Answer: CDE

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusa/enabling_sandboxes.html

• Question 18:

  When setting up a data map, which two options are available for handling unmapped dimensions? (Choose two.)

  A. Selecting a single unmapped dimension member on the source to map to multiple unmapped dimension members on the target

  B. Selecting multiple unmapped dimension members on the source to map to multiple unmapped dimension members on the target

  C. Selecting multiple unmapped dimension members on the source to map to a single unmapped dimension member on the target

  D. Selecting a single unmapped dimension member on the source to map to a single unmapped dimension member on the target

  Correct Answer: CD

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusa/mapping_unmapped_dimensions.html

• Question 19:

  You want to move financial information from Projects to Financials for account level data. Which describes the action you can take to accomplish this? (Choose the best answer.)

  A. In data maps, push data for the predefined Financial Statement Integration.

  B. Rollup project data which pushes data to Financials based on account mappings.

  C. On the Financials Integration Summary form, from the Actions menu, select PFP Detail to calculate project data.

  D. In Financials, run the Financials Integration business rule to update data from Projects.

  Correct Answer: A

• Question 20:

  What is the difference between Financials and Strategic Modeling? (Choose the best answer.)

  A. There is not a technical difference, both do essentially the same thing

  B. Ownership Contributions and Consolidations are out of the box in Financials

  C. Strategic Modeling is broader in focus and used for long range planning

  D. Financials is more summarized than Strategic Modeling

  Correct Answer: C

  Your strategic planning and your business planning should be complementary, but effective strategy development requires you to shift your focus from the day-to-day concerns of your business and to consider your broader and longer-term

  options.

  Reference: https://www.infoentrepreneurs.org/en/guides/strategic-planning/